GBC FAQ – Bartering Basics

What is a barter exchange?
GBC is a membership-based association. Our members buy and sell products and services with other exchange members using GBC Trade dollars, which are equivalent to U.S. dollars.

What is the benefit of using a third party for barter?
GBC acts as a third-party record keeper, providing monthly statements and current account balance.  All transactions are recorded pursuant to trading procedures, policies, rules and regulations of GBC, Generally Accepted Accounting Principles (GAAP), Sarbanes Oxley and the Internal Revenue Service.

How much experience do GBC staff and principles have?
Over 50 years of barter experience.  No one knows the business of barter better.

How many members does GBC have?
Global Barter Corp not only has tens of thousands of members, but members come from diverse industries.  Need custom cabinetry, a new Website, a wedding cake, or specialized sales training (or maybe some personal training)?  GBC members are all specialists in their respective fields.

Where are GBC members located?
GBC has a presence worldwide, and is experiencing rapid international growth.  The Website was recently translated into Spanish and Arabic because of the global demand for GBC membership.

United States
Atlanta
Baltimore/Washington DC
Boca Raton
Boston
Chicago
Dallas
Denver
Houston
Los Angeles
Miami
Myrtle Beach
New York City
Philadelphia
Raleigh
San Francisco
Seattle

International
Beijing
Budapest
Buenos Aries
Costa Rica
Dubai
Frankfurt
Jakarta
Johannesburg
London
Mexico City
Paris
Qatar

How much money can I save through barter?
Check out our interactive worksheet to get a personalized recommendation.  The numbers don’t lie.

How does GBC publicize my business to other members?
GBC is your marketer and sales force, promoting your business:

  • Your personal GBC broker seeks out and brings you new customers
  • Weekly email broadcasts and monthly newsletters market your business to over 24,000 active GBC members.
  • Online customer service puts the answers at your fingertips.
  • Print and broadcast promotional marketing heighten visibility and expand the GBC network with new members every day.

How do I work with a broker?
When you become a GBC member, you’ll be assigned a broker with trading experience in your specific field or industry.   They understand your business opportunities (whether you seek to take advantage of downtime, move excess inventory or leverage the network’s international network to break into new and emerging markets).

Our brokers stay busy seeking out new opportunities, locating potential customers and keeping a pulse on the supply and demand of goods in your industry—as well as products and services of interest to you. Our goal is to bring you new customers, and help you buy the things you need at great savings!

How do I use my barter dollars?
The transaction process is simple: You agree to “sell” X amount of products and services at your full market price. You conduct the sale through your broker and your GBC trade dollar account is debited for that amount. You may now use those trade dollars to acquire anything you desire among our thousands of barter members.

What are the membership fees?

  • One-time initiation fee of $500, renewable each year for $295
  • 6% transaction fee on every purchase and sale
  • Account setup and maintenance
  • Listing in the online GBC membership directory
  • Member-only online directory access
  • Record-keeping services, including monthly account statements
    and yearly 1099-B reporting

Why choose GBC?
We’ve built our impeccable reputation on solid financials, ethical and vigilant trading practices and creating barter system that’s designed to help our members thrive.